The Ministry of Mines has issued guidelines for the Rs 1,500 crore Critical Mineral Recycling Incentive Scheme.
Following approval of the scheme by the Union Cabinet on September 3, the Ministry of Mines has issued the guidelines on October 2 for implementation of the same.
“The Guidelines provide the scheme modalities including indicative outlays for recycling systems, methodology for incentive allocation, application, evaluation and disbursement procedures, institutional mechanism, and performance review,” the Ministry of Mines said on Saturday.
The Guidelines have been finalised after detailed consultation with industry and other relevant stakeholders.
The incentive scheme is a key component of the National Critical Mineral Mission, and is aimed at developing the recycling capacity in the country for separation and production of critical minerals from secondary sources. Eligible feedstock source is e-waste, spent Lithium-ion Batteries (LiB), and other scrap material.
Expected beneficiaries will be both large and established recyclers, and small and new recyclers (including start-ups).
The Scheme will be applicable to investments in new units as well as expansion of capacity/modernisation and diversification of existing units.
The Scheme incentives will be meant for the recycling value chain which is into the actual extraction of critical minerals, and not the value chain involved in only black mass production.
The modalities of the scheme are provided in detail in the Scheme Guidelines.
“Pursuant to the issue of the detailed Guidelines, the Scheme is now open for applications effective 02.10.2025 for a period of six (6) months i.e. up to 01.04.2026,” the Ministry said.
The Scheme Guidelines and the link to apply are available on the Ministry of Mines’ website.